Piper Sandler analyst Adam Kroll assumes coverage on Community West Bancshares (NASDAQ: CWBC) with a Overweight rating and a price target of $30.00.

The analyst comments: "We assume coverage of Community West Bancshares (CWBC) at Overweight with a $30 price target, based on 10.0x our 2027E EPS. Headquartered in Fresno, CA, CWBC recently closed its acquisition of United Security Bancshares (UBFO) on April 1st, creating a $5.0B asset franchise with 41 Central California branches and the top community bank deposit share in the Fresno MSA. We believe CWBC is well-positioned to command a premium P/ E above peers (9.3x) as the UBFO deal bolsters an already advantageous funding base (~35% pro forma NIB as % of deposits), an achievable ~45% cost savings target and MSD organic B/S growth outlook, which should collectively drive top-tier profitability (1.4%/1.6% core ROA in 2026/27). Additionally, we expect CWBC to maintain below-peer credit costs, consistent with its low NCO historical track record (net recoveries in 7 of the past 10 years)."

For an analyst ratings summary and ratings history on Community West Bancshares click here. For more ratings news on Community West Bancshares click here.

Shares of Community West Bancshares closed at $23.91 yesterday.